“IndInfravit is a well-managed, world-class core infrastructure asset,” said Bruce Crane, managing director and leader of OMERS Infrastructure’s Asian interests. “This investment provides an attractive entry point into India, one of the most dynamic markets globally, alongside well-trusted partners. We look forward to working constructively with other unit holders, management and local stakeholders to grow this platform in the coming years.”

The investment marks OMERS’ first allocation to India and reaffirms its commitment to investing in the Asia-Pacific region, where it opened an office in Singapore in 2018, noted Ralph Berg, executive vice-president and global head of OMERS Infrastructure.

“Our investment in IndInfravit aligns with our strategy to diversify our portfolio and generate value for OMERS plan members. At the same time, we’ll participate in the expansion of the Indian economy by investing into crucial infrastructure.”